Tax Break for Massachusetts Commuters

Massachusetts Governor Mitt Romney has signed into law a $25.249 billion state budget for fiscal year 2007 that authorizes a commuter tax deduction applicable to the state's personal income tax. The provision allows a commuter who spends more than $150 a year on tolls or Massachusetts Bay Transportation Authority passes to deduct up to $750 a year in commuting expenses. Joint filers may deduct up to $1500.

If you have any questions, please contact Feeley & Driscoll's Boston Accounting team, Email us or call 1 (888) 875-9770.

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